Recently, I’ve been looking at the weekly chart of Ethereum and noticed that the MACD seems to have formed a golden cross again. I checked the historical data, and the last time this happened, ETH increased by 130%, the time before that by 74%, and even earlier by 98%. These figures do look quite attractive.

However, to be honest, although a MACD golden cross is often considered a sign of increasing momentum, past performance doesn’t necessarily predict the future. With market sentiment changing so quickly lately, it’s important to consider the macro environment and overall atmosphere as well. Currently, ETH has risen by 1.68% in the short term, but how far this technical signal can go still depends on subsequent market reactions. It’s worth paying attention, but don’t let past gains cloud your judgment.